EXDVX Fees and Costs — Diversified Tax Exempt Series, Class A
Data updated: 2026-08-21
The net expense ratio is 0.43%: a 0.30% management fee plus 0.13% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 30%.
EXDVX Fees and Expenses
Annual operating expenses and sales charges of EXDVX. Prospectus, as of March 13, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.43% |
| Fee waiver | — |
| Net expense ratio | 0.43% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
EXDVX Costs Over Time
On $10,000 invested in EXDVX, assuming 5% a year before costs, total costs come to $272 over 5 years, cutting the return by 0.45% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.43%) | $45 | $142 | $247 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $149 | $272 |
| Value after costs | $10,455 | $11,428 | $12,491 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
EXDVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $120.5M
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
EXDVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $14.7M | 18.45% |
| MORGAN STANLEY & CO. LLC | $14.6M | 18.33% |
| RBC CAPITAL MARKETS, LLC | $10.7M | 13.45% |
| STONEX FINANCIAL INC. | $7.8M | 9.74% |
| WELLS FARGO SECURITIES, LLC | $7.8M | 9.74% |
| STIFEL FINANCIAL CORP. | $6.1M | 7.63% |
| JEFFERIES LLC | $4.8M | 6.08% |
| BOFA SECURITIES, INC. | $4.7M | 5.91% |
| MESIROW FINANCIAL INC. | $4.3M | 5.37% |
| RAYMOND JAMES & ASSOCIATES, INC. | $4.2M | 5.30% |
Diversified Tax Exempt Series Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MNDWX | Class W | 0.13% | — |
| EXDVX | Class A | 0.43% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.